A guest session was organized by the Department of International Business for its students delivered by Dr. S.P Sharma, Chief Economist and Deputy Secretary General at PHDCCI (PHD Chamber of Commerce and Industry, India) on 7th Sep 2024 on the topic of “Cost Benefit Analysis”
Dr. Sharma delivered an engaging presentation that covered the fundamental principles of cost-benefit analysis, its applications, and best practices. It included real-world examples of CBA in action, illustrating how organizations utilize this analysis to take informed decisions on projects, policies, and investments. He made students learned how to identify and categorize both tangible and intangible costs and benefits for a business firm.
The session highlighted the balance between quantitative data and qualitative insights, ensuring a well-rounded approach to decision-making. Overall the session was knowledgeable and valuable for the students.